49296 results returned for search: "" category ("Other" AND "Business")
MILAN (Bloomberg) — Benetton SpA, Italy’s largest clothing maker, said its top two executives resigned after clashing with the company’s founding family over plans for international growth.Chief Executive Officer Silvano Cassano, who had been at the ...
DATE: Nov 14, 2006
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NEW ORLEANS (AP) — The soaring cost of homeowner’s insurance may be starting a new retirement trend in the United States, the chief economist for the National Association of Realtors said on Friday.“There will be a whole new set of destinations becau...
DATE: Nov 14, 2006
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LONDON (Bloomberg) — HSBC Holdings Plc, Europe’s biggest bank by market value, said third-quarter bad debts in the US rose 12 percent, eroding earnings at its consumer-finance and retail- banking units.Total bad loans in the two units rose 12 percent...
DATE: Nov 14, 2006
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Class of 2005 reinsurer Ariel Reinsurance Company Ltd. has had its A- rating affirmed by ratings agency A. M. Best, which said it had successfully executed its business plan and had maintained the strict risk-based capital levels required for new rei...
DATE: Nov 14, 2006
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A team of City of London bankers and hedge fund executives has clubbed together to build a Bermuda-registered bank that will specialise in lending to hedge funds, the Financial Times reported on Friday.
The FT said CDG Holdings Ltd., which was incorp...
DATE: Nov 14, 2006
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Consumers hit the stores in September, helping to drive the Retail Sales Index up almost eight percent, the Department of Statistics reported last week.
The RSI jumped 7.8 percent or $4.7 million more in retail sales recorded in September, 2005 as $6...
DATE: Nov 14, 2006
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LONDON (Reuters) ? British Airways will spend ?100 million ($191.3 million) revamping its business-class cabins and installing wider beds, its latest salvo in a battle with Virgin Atlantic to woo high-paying passengers.
Europe's third-largest airline...
DATE: Nov 14, 2006
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HONG KONG (Bloomberg) — Star Cruises Ltd., Asia's largest cruise operator, posted its first profit in four quarters, helped by increased travel demand and the sale of a vessel.Net income rose 83 percent to $60.4 million, or 1.11 cents a share, in the...
DATE: Nov 14, 2006
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Ace Ltd. has opened a new Middle East and North Africa (MENA) regional office, based in Bahrain.
The new office, which recently received approval from the Central Bank of Bahrain, will be responsible for the management of ACE's existing businesses in...
DATE: Nov 14, 2006
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Consumers hit the stores in September, helping to drive the Retail Sales Index up almost eight percent, the Department of Statistics reported last week.
The RSI jumped 7.8 percent or $4.7 million more in retail sales recorded in September, 2005 as $6...
DATE: Nov 14, 2006
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CATEGORY:
Other
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